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Uncover Cozumel’s Secret: Land for Sale!

By Tom Seest

Can You Find Land For Sale In Cozumel?

At TopCozumelNews, we help people traveling to Cozumel plan their trips and activities using information collected on our trips to the beautiful island.

Cozumel Island is one of the most popular international tourist and commercial destinations along the Riviera Maya. Are you searching for land to buy in Cozumel? Look no further – find out if there’s any land available today.
This Caribbean paradise offers stunning natural settings where you can swim in crystal-clear water, explore the jungle, or visit an ecological national park – all within a secure and safe environment.

Can You Find Land For Sale In Cozumel?

Can You Find Land For Sale In Cozumel?

Where Can You Find Prime Land for Sale in Cozumel, Mexico?

Land for sale in Cozumel, Mexico, can be found throughout the island, and prices vary based on location and what you plan to use it for. In-town lots that are suitable for building a home or commercial development start from $40,000. Larger lots suitable for multiple homes or apartment buildings start at around $300,000 USD.
Cozumel Island is a serene haven that offers an abundance of tourist activities and attractions for everyone to enjoy. Its stunning beaches, stunning natural settings, as well as diverse flora and fauna make this island one of the top tourist attractions in Riviera Maya.
Cozumel has long been a favorite cruise ship destination, and the area has been developed to meet visitors’ needs. Locals and business owners understand that tourism is the backbone of this island’s economy, so they strive to keep crime levels low so visitors can safely explore the island.
If you are searching for property in Cozumel, it is recommended that you speak with an independent licensed real estate agent with knowledge and experience in the area. Delilah Cahill is a certified realtor in Cozumel and can assist in finding just the right property to fit your requirements.
Search for vacant land in Cozumel on Point2, where you can compare up to four lots side-by-side and view property details. Plus, this site allows you to set an alert for new listings that meet your criteria – the perfect way to guarantee that you don’t miss out on your dream home in Cozumel!

Where Can You Find Prime Land for Sale in Cozumel, Mexico?

Where Can You Find Prime Land for Sale in Cozumel, Mexico?

Affordable Paradise: Cozumel Land for Sale?

One of the reasons Cozumel is so sought-after is its stunning real estate. Prices for land range from just $40,000 USD for a small lot suitable for one home to several million dollars in larger areas ideal for residential developments.
On Cozumel, the average cost of a single-family home ranges from $150,000 to $250,000. Condos are another popular housing choice; great deals can be found for those looking to live here.
Though the most expensive home on the island can sell for up to $500,000 USD, there are also some great bargains out there. For instance, a small lot in an idyllic natural setting could be purchased for less than $35,000 USD.
Owning land in Cozumel can be an exciting prospect, and getting started is simple. All that’s left for you to do is locate a Mexican attorney who can assist with setting up the necessary legal documents. Once registered, you can start making plans for building your dream home! Please be aware that Mexico has strict land ownership regulations, so it’s best to consult an expert before making any major commitments.

Affordable Paradise: Cozumel Land for Sale?

Affordable Paradise: Cozumel Land for Sale?

Are There Any Limitations on Cozumel Mexico Land for Sale?

Cozumel, Mexico’s idyllic island off the coast, draws millions of visitors each year for its beaches and world-renowned diving. As a result, Cozumel has become increasingly popular as an investment destination for people from Mexico and abroad who wish to own property there, either permanently or as a vacation rental.
Land purchase on this island is relatively straightforward, but there are a few restrictions to be aware of before you commit. These include whether the land falls within an approved restricted zone or not, as well as how the title will be held.
In accordance with Mexican constitutional provisions, foreigners are not allowed to own property within Mexico’s “restricted zones,” which are defined as 100 kilometers from international borders and 50 kilometers from its coastline. However, in 1973, the government introduced a trust system known as Fideicomiso that allows foreigners to own property within these restricted areas without altering the Mexican Constitution itself.
To own land within the restricted zone, foreigners or Mexican corporations must create a bank trust (fideicomiso). This is similar to setting up a trust in the United States but controlled by a Mexican bank instead of an American trustee.
This type of ownership is a secure and legal option that’s widely used on the island. A trust can be created for up to 50 years, with the option to renew it periodically. When purchasing land within the restricted zone, be sure to check how long your fideicomiso is valid for and renew it when needed.
Another option for property ownership in the restricted zone is through a Mexican corporation, though this process is more complex. The corporation must be 100% owned by non-Mexican investors and have government authorization in order to own land.
No matter the method of purchase for your land on Cozumel, it is essential that you partner with an experienced real estate agent who can guide you through the procedure. A knowledgeable agent will explain Mexico’s land purchase regulations and help obtain all necessary paperwork and permits to finalize the deal.

Are There Any Limitations on Cozumel Mexico Land for Sale?

Are There Any Limitations on Cozumel Mexico Land for Sale?

Can You Save Big on Taxes for Cozumel Land Sales?

If you’re a lover of nature and looking to purchase land in Cozumel, there are plenty of opportunities for you. Many sites are situated outside the town center where the natural setting has been preserved.
These areas offer stunning lots that would make an ideal home or vacation property, and prices vary according to location. For instance, a lot with no electricity in an all-natural setting could be purchased for as little as $35,000 USD.
One major advantage of purchasing land in Mexico is not having to worry about paying expensive property taxes. This is because Mexico doesn’t attempt to generate a substantial amount of revenue through taxes on real estate sales.
Taxes in Mexico tend to be much lower than those found in the United States, as a piece of land in Mexico is assessed a “predial,” which is calculated annually and usually amounts to 0.00% of its assessed value at sale – this stays constant throughout your ownership period.
On residential property sales in Mexico, there is a capital gains tax, which is typically low: between 1.92% and 35% of purchase costs minus allowable exemptions and deductions.
Once you receive a bill (boleta), payment can be made at the local tax office with cash, bank transfer, debit/credit card, or both. Unfortunately, it’s often not convenient to handle taxes alone, so hiring someone else to handle this task for you can often be more beneficial.
Another tax you may need to pay is the Acquisition Tax, which can range from under 2% up to 4.5% of your property’s value at purchase. However, you can reduce this liability by taking advantage of available deductions such as maintenance expenses.
When purchasing land in Mexico, it’s essential to remember the process can be complicated. It would also be wise to get your property inspected prior to making a final decision; this will give you peace of mind and guarantee the condition of the property is sound.

Can You Save Big on Taxes for Cozumel Land Sales?

Can You Save Big on Taxes for Cozumel Land Sales?

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